Under new system, farmers will take up various activities
The State has come out with its own variant of the concept of “doubling farmers’ income,” through the integrated farming system (IFS). To be implemented as part of the National Agriculture Development Programme (NADP), the IFS would require every beneficiary-farmer to undertake a host More...

The CBDT has come up with guidelines for manual selection of returns for ‘complete scrutiny’. – GETTY IMAGES/ISTOCKPHOTO
NEW DELHI, AUGUST 26
The Central Board of Direct Taxes (CBDT) has mandated More...

The income tax return (ITR) filed for AY 2018-19 can be revised till 31 March 2019, or before the assessment happens, whichever is earlier. Photo: iStockphoto
More than 34 million people filed their income tax More...

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Section 131(1A) & Section 133A
An individual can receive a tax notice for a variety of reasons. Here is what the notices under different More...

These mistakes will alert the taxman
Here’s a list of seven red flags you need to avoid while filing your income tax return (ITR). These discrepancies in your tax return can alert the I-T department and More...

Income Tax Return filing: It is mandatory for an Individual to furnish the details of his assets and liabilities in the income-tax return if his income exceeds Rs 50 lakh.
We generally exercise due care while More...

According to the Reserve Bank of India (RBI), personal loans increased 35.3% from to ₹ 5,065 crore in April 2018 from ₹ 3,737 crore in April 2017.
Mumbai: More people are now taking personal loans in the More...

A villager dries handmade hollow noodles in Wangqing Village, Handan City of north China’s Hebei Province, June 12, 2018. Handmade hollow noodles increase the income of local people in Wangqing Village, where More...

The employee who receives an interest-free loan must ensure that his employer deducts TDS on the total salary income, including the perquisite value of such a loan.
Getting interest-free loans from employers More...

Advance tax deadline: Quoting of your PAN is mandatory while filing income tax returns.
June 15 is the last date to pay the first instalment of advance income tax. Days ahead of the advance income tax deadline, More...